🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

Therapix's low-dose THC drug candidate reverses age-related cognitive impairment in animal study; shares ahead 11% premarket

Published 09/27/2017, 09:09 AM
© Reuters.  Therapix's low-dose THC drug candidate reverses age-related cognitive impairment in animal study; shares ahead 11% premarket
SPRCY
-
  • Thinly traded nano cap Therapix Biosciences (NASDAQ:TRPX) is up 11% premarket on modestly higher volume in response to its announcement of positive preclinical results on Mild Cognitive Impairment (MCI) candidate THX-ULD01, its ultra-low dose tetrahydrocannabinol (THC) drug.
  • In a study conducted in Israel, old mice treated with THX-ULD01 showed significant reversals in age-related cognitive impairment. The benefit from one injection of 0.002 mg/kg of THC lasted for at least seven weeks.
  • The company is developing the drug for sublingual or nasal administration.
  • The data will be presented at the International Association for Cannabinoid Medicines 9th Conference on Cannabinoids in Medicine in Cologne, Germany later this week.
  • Now read: Therapix Biosciences: Another Favorite Marijuana Play

Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.